$MRVL
Marvell Technology Inc

2024 Q3 Form 10-Q Financial Statement

#000183563224000142 Filed on August 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $1.273B
YoY Change -5.07%
Cost Of Revenue $685.3M
YoY Change -16.41%
Gross Profit $587.6M
YoY Change 12.76%
Gross Profit Margin 46.16%
Selling, General & Admin $197.3M
YoY Change -6.05%
% of Gross Profit 33.58%
Research & Development $486.7M
YoY Change 2.51%
% of Gross Profit 82.83%
Depreciation & Amortization $352.0M
YoY Change 1.35%
% of Gross Profit 59.9%
Operating Expenses $684.0M
YoY Change -0.12%
Operating Profit -$100.4M
YoY Change -51.19%
Interest Expense -$45.80M
YoY Change -185.13%
% of Operating Profit
Other Income/Expense, Net -$45.80M
YoY Change -826.98%
Pretax Income -$146.2M
YoY Change -41.89%
Income Tax $47.10M
% Of Pretax Income
Net Earnings -$193.3M
YoY Change -6.84%
Net Earnings / Revenue -15.19%
Basic Earnings Per Share -$0.22
Diluted Earnings Per Share -$0.22
COMMON SHARES
Basic Shares Outstanding 865.7M shares
Diluted Shares Outstanding 865.7M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $808.7M
YoY Change 91.0%
Cash & Equivalents $808.7M
Short-Term Investments
Other Short-Term Assets $77.30M
YoY Change -34.93%
Inventory $817.8M
Prepaid Expenses
Receivables $1.060B
Other Receivables $0.00
Total Short-Term Assets $2.764B
YoY Change -0.12%
LONG-TERM ASSETS
Property, Plant & Equipment $781.5M
YoY Change 12.64%
Goodwill $11.60B
YoY Change 0.0%
Intangibles $3.463B
YoY Change -24.05%
Long-Term Investments
YoY Change
Other Assets $1.350B
YoY Change -6.31%
Total Long-Term Assets $17.53B
YoY Change -7.66%
TOTAL ASSETS
Total Short-Term Assets $2.764B
Total Long-Term Assets $17.53B
Total Assets $20.29B
YoY Change -6.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $453.4M
YoY Change 9.84%
Accrued Expenses $763.8M
YoY Change -39.08%
Deferred Revenue
YoY Change
Short-Term Debt $129.3M
YoY Change -87.31%
Long-Term Debt Due $129.3M
YoY Change -87.31%
Total Short-Term Liabilities $1.547B
YoY Change -42.41%
LONG-TERM LIABILITIES
Long-Term Debt $3.997B
YoY Change 27.5%
Other Long-Term Liabilities $545.5M
YoY Change 0.85%
Total Long-Term Liabilities $4.542B
YoY Change 23.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.547B
Total Long-Term Liabilities $4.542B
Total Liabilities $6.089B
YoY Change -4.28%
SHAREHOLDERS EQUITY
Retained Earnings -$529.3M
YoY Change -182.19%
Common Stock $14.73B
YoY Change -0.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.20B
YoY Change
Total Liabilities & Shareholders Equity $20.29B
YoY Change -6.7%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income -$193.3M
YoY Change -6.84%
Depreciation, Depletion And Amortization $352.0M
YoY Change 1.35%
Cash From Operating Activities $306.4M
YoY Change 172.36%
INVESTING ACTIVITIES
Capital Expenditures $53.40M
YoY Change -52.02%
Acquisitions
YoY Change
Other Investing Activities $400.0K
YoY Change -107.02%
Cash From Investing Activities -$53.00M
YoY Change -54.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -292.4M
YoY Change -51.3%
NET CHANGE
Cash From Operating Activities 306.4M
Cash From Investing Activities -53.00M
Cash From Financing Activities -292.4M
Net Change In Cash -39.00M
YoY Change -93.55%
FREE CASH FLOW
Cash From Operating Activities $306.4M
Capital Expenditures $53.40M
Free Cash Flow $253.0M
YoY Change 20983.33%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
MARVELL TECHNOLOGY, INC
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-3971597
dei Entity Address Address Line1
EntityAddressAddressLine1
1000 N. West Street, Suite 1200
dei Entity Address City Or Town
EntityAddressCityOrTown
Wilmington
dei Entity Address State Or Province
EntityAddressStateOrProvince
DE
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
19801
dei City Area Code
CityAreaCode
302
dei Local Phone Number
LocalPhoneNumber
295-4840
dei Security12b Title
Security12bTitle
Common Stock, par value $0.002 per share
dei Trading Symbol
TradingSymbol
MRVL
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
950800000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
11586900000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4004100000 usd
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
311900000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1506900000 usd
CY2024Q1 us-gaap Assets
Assets
21228500000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
411300000 usd
CY2024Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
262700000 usd
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
107300000 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1814200000 usd
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.002
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
1700000 usd
CY2024Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
14845300000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1100000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16700000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
14831400000 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21228500000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1340900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2433800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2662600000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
819800000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1318400000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1584300000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
521100000 usd
us-gaap Gross Profit
GrossProfit
1115400000 usd
us-gaap Gross Profit
GrossProfit
1078300000 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
474800000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
962800000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
955500000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
210000000.0 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
397200000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
409000000.0 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2433800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2662600000 usd
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2025
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001835632
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-01
dei Document Period End Date
DocumentPeriodEndDate
2024-08-03
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
866200000 shares
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
808700000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1060100000 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1121600000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
817800000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
864400000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
77300000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
125900000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
2763900000 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
3062700000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
781500000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
11586900000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3463400000 usd
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
347500000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1350200000 usd
CY2024Q3 us-gaap Assets
Assets
20293400000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
453400000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
200000000.0 usd
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
129300000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1546500000 usd
CY2024Q3 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
3996500000 usd
CY2024Q1 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
4058600000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
545500000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
524300000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
6088500000 usd
CY2024Q1 us-gaap Liabilities
Liabilities
6397100000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.002
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
1700000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
14732900000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-400000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-529300000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
14204900000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20293400000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1272900000 usd
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
685300000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
587600000 usd
CY2024Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
486700000 usd
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
197300000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-207500000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
756000000.0 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
763800000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1032900000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2024Q3 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2024Q3 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2024Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
4000000.0 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
42000000.0 usd
us-gaap Restructuring Charges
RestructuringCharges
8100000 usd
us-gaap Restructuring Charges
RestructuringCharges
101900000 usd
CY2024Q3 us-gaap Costs And Expenses
CostsAndExpenses
688000000.0 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
726800000 usd
us-gaap Costs And Expenses
CostsAndExpenses
1368100000 usd
us-gaap Costs And Expenses
CostsAndExpenses
1466400000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-100400000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-205700000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-252700000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-388100000 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
48400000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
53800000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
97200000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
106500000 usd
CY2024Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
2600000 usd
CY2023Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
7900000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
5900000 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
10700000 usd
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-45800000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-45900000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-91300000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-95800000 usd
CY2024Q3 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-146200000 usd
CY2023Q3 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-251600000 usd
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-344000000.0 usd
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-483900000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47100000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-44100000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64900000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-107500000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-193300000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-207500000 usd
us-gaap Net Income Loss
NetIncomeLoss
-408900000 usd
us-gaap Net Income Loss
NetIncomeLoss
-376400000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.44
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
865700000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
860900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
865400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
858800000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
865700000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
860900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
865400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
858800000 shares
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-193300000 usd
us-gaap Net Income Loss
NetIncomeLoss
-408900000 usd
us-gaap Net Income Loss
NetIncomeLoss
-376400000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-800000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-100000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-1500000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-1000000.0 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-800000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-100000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1500000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1000000.0 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-194100000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-207600000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-410400000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-377400000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
14831400000 usd
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2200000 usd
CY2024Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
74100000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
137300000 usd
CY2024Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
150000000.0 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
51800000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-215600000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-700000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
14478700000 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
49300000 usd
CY2024Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
57600000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
155500000 usd
CY2024Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
175000000.0 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
51900000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-193300000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-800000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
14204900000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
15637200000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
8300000 usd
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
72600000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
142200000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
51400000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-168900000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-900000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
15493900000 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
52100000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
51200000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
154000000.0 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
51700000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-207500000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-100000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
15389500000 usd
us-gaap Net Income Loss
NetIncomeLoss
-408900000 usd
us-gaap Net Income Loss
NetIncomeLoss
-376400000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
148900000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
153900000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
291400000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
296000000.0 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
540600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
541800000 usd
mrvl Non Cash Restructuring And Related Charges Income
NonCashRestructuringAndRelatedChargesIncome
2300000 usd
mrvl Non Cash Restructuring And Related Charges Income
NonCashRestructuringAndRelatedChargesIncome
31400000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-58300000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-226700000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-33100000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-21700000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-61500000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16900000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-221700000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
39300000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-48000000.0 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-52500000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
34800000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-86800000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-59200000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-59000000.0 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-225000000.0 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
28700000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
630900000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
320900000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
5700000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3000000.0 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
139700000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
210900000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
10400000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5500000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-900000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
300000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-154900000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-219700000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
325000000.0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
51600000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
60400000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
131700000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
123800000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
103700000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
103100000 usd
mrvl Payment On Technology License Obligation
PaymentOnTechnologyLicenseObligation
65500000 usd
mrvl Payment On Technology License Obligation
PaymentOnTechnologyLicenseObligation
78600000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
250000000.0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
43800000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
593700000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-618100000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-588800000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-142100000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-487600000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
950800000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
911000000.0 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
808700000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
423400000 usd
us-gaap Fiscal Period
FiscalPeriod
<div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company’s fiscal year is the 52- or 53-week period ending on the Saturday closest to January 31. Accordingly, every fifth or sixth fiscal year will have a 53-week period. The additional week in a 53-week year is added to the fourth quarter, making such quarter consist of 14 weeks. Fiscal 2024 had a 53-week year. Fiscal 2025 is a 52-week year.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Use of Estimates</span></div><div style="text-indent:22.5pt"><span><br/></span></div><div style="text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, the Company evaluates its estimates, including those related to revenue recognition, provisions for sales returns and allowances, inventory excess and obsolescence, goodwill and other intangible assets, restructuring, income taxes, litigation and other contingencies. Actual results could differ from these estimates and such differences could affect the results of operations reported in future periods. In the current macroeconomic environment, these estimates could require increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, these estimates may change materially in future periods.</span></div>
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1272900000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1340900000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1272900000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1340900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2433800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2662600000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1272900000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1340900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2433800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2662600000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4156100000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4199900000 usd
CY2024Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
30300000 usd
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
34000000.0 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
4125800000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
4165900000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3996500000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4058600000 usd
CY2024Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.06793
CY2024Q1 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.06830
CY2024Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
46500000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
93300000 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
51900000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
102400000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
65600000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
131200000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
959400000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1249900000 usd
CY2024Q3 mrvl Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1750000000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4156100000 usd
mrvl Standard Product Warranty Time Period
StandardProductWarrantyTimePeriod
P1Y
CY2023Q3 us-gaap Product Liability Accrual Period Expense
ProductLiabilityAccrualPeriodExpense
90000000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
11600000000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
11600000000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7395000000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4360600000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3034400000 usd
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P3Y4M24D
CY2024Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
7824000000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4360600000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3463400000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7218000000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3832900000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3385100000 usd
CY2024 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P3Y7M6D
CY2024Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
7837000000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3832900000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4004100000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
275700000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
540600000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
271800000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
541800000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
535700000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1023900000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
858700000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
301900000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
138200000 usd
CY2024Q3 mrvl Finite Lived Intangible Asset Amortization Expense After Year Four
FiniteLivedIntangibleAssetAmortizationExpenseAfterYearFour
176000000.0 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3034400000 usd
CY2024Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
6200000 usd
CY2024Q3 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
500000 usd
CY2024Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
69900000 usd
CY2024Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
400000 usd
CY2024Q3 us-gaap Other Long Term Investments
OtherLongTermInvestments
50400000 usd
CY2024Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
45800000 usd
CY2024Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
1200000 usd
CY2024Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
9300000 usd
CY2024Q1 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
500000 usd
CY2024Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
13600000 usd
CY2024Q3 us-gaap Severance Costs1
SeveranceCosts1
3200000 usd
CY2023Q3 us-gaap Severance Costs1
SeveranceCosts1
18700000 usd
us-gaap Severance Costs1
SeveranceCosts1
6900000 usd
us-gaap Severance Costs1
SeveranceCosts1
66100000 usd
CY2024Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
800000 usd
CY2023Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
2800000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
1200000 usd
us-gaap Other Restructuring Costs
OtherRestructuringCosts
7200000 usd
CY2024Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
4000000.0 usd
CY2023Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
42000000.0 usd
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
8100000 usd
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
101900000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47100000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64900000 usd
CY2024Q3 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.02
us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.03
us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.01
CY2023Q3 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-193300000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-207500000 usd
us-gaap Net Income Loss
NetIncomeLoss
-408900000 usd
us-gaap Net Income Loss
NetIncomeLoss
-376400000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
865700000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
860900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
865400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
858800000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
865700000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
860900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
865400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
858800000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.44
CY2024Q3 us-gaap Accounts Receivable Sale
AccountsReceivableSale
226300000 usd
us-gaap Accounts Receivable Sale
AccountsReceivableSale
494400000 usd
CY2024Q3 mrvl Accounts Receivable Sale Subject To Servicing
AccountsReceivableSaleSubjectToServicing
241500000 usd
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
584900000 usd
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
523800000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
232900000 usd
CY2024Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
340600000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
817800000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
864400000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1912600000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1836800000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1131100000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1080800000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
781500000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
756000000.0 usd
CY2024Q3 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
376900000 usd
CY2024Q1 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
547600000 usd
CY2024Q3 mrvl Technology Licenses
TechnologyLicenses
352700000 usd
CY2024Q1 mrvl Technology Licenses
TechnologyLicenses
350600000 usd
CY2024Q3 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
300800000 usd
CY2024Q1 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
302500000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
216900000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
203600000 usd
CY2024Q3 us-gaap Other Long Term Investments
OtherLongTermInvestments
50400000 usd
CY2024Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
45800000 usd
CY2024Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
52500000 usd
CY2024Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
56800000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1350200000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1506900000 usd
CY2024Q3 mrvl Variable Consideration Estimates
VariableConsiderationEstimates
409000000.0 usd
CY2024Q1 mrvl Variable Consideration Estimates
VariableConsiderationEstimates
610700000 usd
CY2024Q3 mrvl Contractual Obligation Current
ContractualObligationCurrent
67600000 usd
CY2024Q1 mrvl Contractual Obligation Current
ContractualObligationCurrent
105700000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
63900000 usd
CY2024Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
17800000 usd
CY2024Q3 us-gaap Interest Payable Current
InterestPayableCurrent
43600000 usd
CY2024Q1 us-gaap Interest Payable Current
InterestPayableCurrent
41300000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
40900000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
39400000 usd
CY2024Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
39200000 usd
CY2024Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
43200000 usd
CY2024Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
36900000 usd
CY2024Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
76500000 usd
CY2024Q3 mrvl Deferred Non Recurring Engineering Credits Current
DeferredNonRecurringEngineeringCreditsCurrent
22900000 usd
CY2024Q1 mrvl Deferred Non Recurring Engineering Credits Current
DeferredNonRecurringEngineeringCreditsCurrent
21700000 usd
CY2024Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3200000 usd
CY2024Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
25500000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
36600000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
51100000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
763800000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1032900000 usd
CY2024Q3 mrvl Contractual Obligation Noncurrent
ContractualObligationNoncurrent
214500000 usd
CY2024Q1 mrvl Contractual Obligation Noncurrent
ContractualObligationNoncurrent
196500000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
207200000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
196000000.0 usd
CY2024Q3 mrvl Non Current Income Taxes Payable
NonCurrentIncomeTaxesPayable
73100000 usd
CY2024Q1 mrvl Non Current Income Taxes Payable
NonCurrentIncomeTaxesPayable
56600000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
35200000 usd
CY2024Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
58700000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
15500000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
16500000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
545500000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
524300000 usd
CY2016Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000.0 usd
CY2016Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
3300000000 usd
CY2018Q4 mrvl Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
700000000 usd
CY2024Q1 mrvl Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
3000000000 usd
CY2024Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
3000000000 usd
CY2024Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2500000 shares
CY2024Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
175000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4700000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
325000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2023Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001835632-24-000142-index-headers.html Edgar Link pending
0001835632-24-000142-index.html Edgar Link pending
0001835632-24-000142.txt Edgar Link pending
0001835632-24-000142-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mrvl-20240803.htm Edgar Link pending
mrvl-20240803.xsd Edgar Link pending
mrvl-20240803_g1.jpg Edgar Link pending
mrvl-832024exhibit311.htm Edgar Link pending
mrvl-832024exhibit312.htm Edgar Link pending
mrvl-832024exhibit321.htm Edgar Link pending
mrvl-832024exhibit322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
mrvl-20240803_cal.xml Edgar Link unprocessable
mrvl-20240803_lab.xml Edgar Link unprocessable
mrvl-20240803_def.xml Edgar Link unprocessable
mrvl-20240803_htm.xml Edgar Link completed
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
mrvl-20240803_pre.xml Edgar Link unprocessable